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To Be Built By Seller/Builder With BUYER'S CONSTRUCTION LOAN or CASH. North Village Parcel, Sited in the Quintessential Shaker Village. Rights In Common With Others to Mascoma Lake! Energy Efficient Wood Framed Home Built With Structural Insulated Panels. This Energy Efficient Home Will NOT Use Fossil Fuels Unless Opted In By The Buyer. Electric Heat/AC Via Heat Pump With Back Up Heat Via Electric Hydronic Baseboards. Bathrooms Will Have Electric Radiant Heat in the Floors. Electric Hot Water Heater. Optional Propane Fireplace In Living Room & Center Island In Kitchen. Front Porch. Rear Deck. 1st Floor Study or 4th Bedroom Vinyl Siding - Buyer Can Choose Color. Walpole Cabinetry - Buyer Can Choose Door Color or Door Style. Engineered Prefinished Flooring - Buyer Can Choose Color. Rights to Common Beaches - Brother's (Closest) & Bowl - On Mascoma Lake. Boat Slips to Lease When Available. Canoe/Kayak Racks. Walk To Shaker Mountain, Shaker Recreation Fields, Shaker Dog Park and Great Stone Dwelling W/Shaker Museum. Short Drive to Upper Valley Employment, Recreation to Include Skiing & Golf. Shopping. Dartmouth Health, Dartmouth College & VA Medical Center. Seller/Builder Can Build A Smaller Home (1873 Sq. Ft) Of Similar Design For $759, 000. 00.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,030 | $4,482 | $5,954 |
Total Monthly Payment | $4,122 | $4,574 | $6,046 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.